Technology News

Apple to Sell Watches Without Oxygen Feature After Legal Setback

Apple Inc. is set to release versions of its Series 9 and Ultra 2 watches in the United States without the blood oxygen feature, following a legal setback in its patent dispute with Masimo Corp.   The announcement came on Wednesday, with Apple confirming that the modified models will be available for purchase starting Thursday […]

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Artificial Intelligence (AI) Dominates Discussions at Davos. Is it the Right Moment to Sell?

The sentiment among the global elite meeting in Davos, Switzerland, is often considered a reliable indicator for investors, but a contrarian approach is essential. Buying when the elite are pessimistic and selling when they’re optimistic has historically been a successful strategy. The recent focus on artificial intelligence (AI) at Davos raises questions about whether the

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The Year of Collaboration: Big Tech’s Embrace of AI Startups

A fresh wave of artificial intelligence startups has caused a stir in Silicon Valley and the broader business landscape throughout this year. However, amid the changes, one constant remains: Big Tech’s continued dominance.   Following Microsoft Corp.’s $10 billion investment in OpenAI in January, a race ensued among other tech giants to collaborate with leading

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YouTube and Spotify Refrain from Launching Apple Vision Pro Apps, Following Netflix’s Lead

YouTube stated on Thursday that it has no plans to release a new app for the Apple Vision Pro or allow its existing iPad app to function on the device, at least not initially. In a similar move to Netflix, YouTube recommends users access its content through a web browser, specifically mentioning Safari on the

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Elon Musk’s AI Startup Secures $500 Million Toward $1 Billion Funding Objective

Elon Musk’s artificial intelligence firm, xAI, has garnered $500 million in commitments from investors toward its $1 billion fundraising objective, sources familiar with the matter reported.   The company is engaged in discussions regarding a valuation ranging from $15 billion to $20 billion. However, terms remain subject to potential changes in the upcoming weeks, according

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Mark Zuckerberg suggests that Meta is investing billions of dollars in Nvidia AI chip

Meta is investing billions of dollars in Nvidia’s widely used computer chips, integral to artificial intelligence (AI) research and projects. Mark Zuckerberg revealed in an Instagram Reels post that Meta’s AI-focused “future roadmap” requires the establishment of a substantial compute infrastructure. By the end of 2024, this infrastructure is expected to incorporate 350,000 H100 graphics

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OpenAI CEO Sam Altman asserts that ChatGPT doesn’t require New York Times data amidst a lawsuit.

In an unexpected turn of events, OpenAI CEO Sam Altman expressed his surprise at The New York Times’ lawsuit against the company, stating that their artificial intelligence models do not require training on the publisher’s data. Describing the legal action as peculiar, Altman revealed that OpenAI had been engaged in productive negotiations with the Times

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Intel receives a lifeline in its battle against a €1 billion fine from Brussels.

Intel gains a potential reprieve in its battle against a €1 billion fine from the European Commission as an adviser to Europe’s top court identifies flaws in the case presented by antitrust regulators. Laila Medina, an advocate-general for the European Court of Justice, highlighted on Wednesday that the commission had erred in calculating the damage

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The valuation of Apple stock appears high compared to the other members of the ‘Magnificent Seven.’

Apple Inc.’s stock, which performed well in 2023, is starting 2024 with challenges that raise concerns about its valuation for investors. The company has shifted into a slow-growth phase, experiencing a lack of year-over-year revenue growth in the past four quarters, primarily relying on its iPhone business, which faces innovation stagnation, affecting consumer device upgrades

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